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Daily Pivots: (S1) 1.3397; (P) 1.3436; (R1) 1.3507; More… Intraday bias in USD/CAD remains neutral at this point. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed. Nevertheless, firm break of 1.3342 support will argue that rebound from 1.3176 […]

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EUR/USD Daily Outlook

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03/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9392; (P) 0.9419; (R1) 0.9458; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of 0.9497 will […]
30/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8510; (P) 0.8527; (R1) 0.8542; More… Intraday bias in EUR/GBP stays on the downside for 08491 support. Break there will resume larger down trend to 0.8464 projection level. On the upside, above 0.8563 minor resistance will turn intraday bias neutral and bring consolidations again. In the bigger picture, fall from 0.8764 is […]
25/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.30; (P) 152.07; (R1) 152.58; More… Intraday bias in USD/JPY is turned neutral as a temporary top was formed at 153.17, ahead of 61.8% retracement of 161.94 to 139.57 at 153.39. Considering bearish divergence condition in 4H MACD, break of 151.18 will indicate short term topping, and turn bias to the downside […]